Houses have been used to live ever since there has been life on earth, primitive people used caves as their homes and as the world has progressed so has the human brain and with that came new and unique inventions one of which was the modern house. Now houses are typically the same apart from the extravagant million-dollar houses that most of us can only dream about. There hasn’t really been a real breakthrough in the residential part of architecture as we are still living in the same cookie-cutter houses that we used to live in years ago. Real estate has to be the only industry that has been successful for so long without bringing anything new to the market for the commoners.
The question that arises now is how have these people managed to stay afloat in the market without bringing any major change in the housing area. The simple answer to that will be that houses are a necessity and no matter what happens sooner or later everyone needs a house of their won it is something that is required by everyone to sustain a healthy living.
Housemakers are certainly not winning in the innovation side of things but they are surely pulling in a hefty amount of money, much more than they were pulling ten to fifteen years ago. Prices of houses have only shot up in the past years with only a few times when the market took a shallow dip but even those dips did virtually nothing to stop the freight train of safe investment known as real estate. The market has gotten from huge to gigantic in the past years and it is making its way to become enormous in recent years with the price of properties still rising.
One of the main reasons why the price of property rises in an area of a developed country is to do with the fact that the particular area has the best amenities and the most luxurious shops around it. In a developing country, the price is justified by people paying a premium to get basic necessities such as water and electricity. In a developed country when a new housing society is built people have at least one thing to look forward to that should be better than their last one, it can be higher security or a better neighborhood with great places to go to nearby. In a developed country when a new housing scheme is introduced it is only looked at from one angle., economy, people don’t have the buying [ower that they require to buy houses with upgraded security and other features and projects that do provide such facilities such as Bahria Town Projects cost a lot
Everyone wishes that they could buy a big house with every amenity possible but only a few people actually get a chance to turn that dream into a reality. Projects like Bahria Sports City Villas make fine housing a thing for the rich who can afford that luxury and frankly it is. We should just be glad that we are doing well enough to have a roof over our heads cause many people don’t even get that.